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you owed to the king the tide and tax because after all, he was anointed by god. john: a majority at the time voted for it. >> it passed and as the president is apt to tell you very quickly, it passed through the supreme court with some changes. you know, is still be, a part of the united states congress to change something that is bad. chase something that people don't want. and really, the next up in this trauma, if you will, is up to the american people. i have done what i can't the last three years to either try to deflect or improve are not damaged people so badly with this thing. honestly, do you remember back in 1988 when the catastrophic health care plan was revealed after the people rose up and said, you have got to get rid of this? that is the type of citizen involvement that is going to be required to reverse course on what you correctly point out is a massive government overreach. john: let's move on from the legislation itself and just the idea. the european idea is that health care is a right. what do you say to these american politicians making the
you owed to the king the tide and tax because after all, he was anointed by god. john: a majority at the time voted for it. >> it passed and as the president is apt to tell you very quickly, it passed through the supreme court with some changes. you know, is still be, a part of the united states congress to change something that is bad. chase something that people don't want. and really, the next up in this trauma, if you will, is up to the american people. i have done what i can't the...
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my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present congress and the present political fight to my down expect anybody to gain major action in either direction. the democrats will not permit it. there will not be tax hikes. the republicans won't permit it. we won't have any of this for now. the attack on the accumulation of savings above some certain level is there, and it is going to be there all the time. we need to be vigilant and out it. gerri: we will bring you back to talk about it. if any of that pops begin help us explain it to everybody. >> thanks. gerri: well, time for a look at the stories you are clicking on tonight on foxbusiness.com. stocks ending the day slightly higher. some investo
my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present congress and the present political fight to my...
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never left him, that phrase because taxes were raised. is this that kind of moment for president obama? >> not at all. the last person anybody will listen to about obamacare is mitt romney coming architect of obamacare and with president obama. he has his own credibility problems. martha: he is hardly the only person saying this. >> the fact is his plan is the reason we have obamacare. he chose to run for president in 2008. so in 2012 mitt romney rejected romneycare and the voters rejected him as president. martha: the fact is what does it mean to me now? i have got obamacare, promise i would not lose my doctor and lo and behold people are getting kicked off these plans all across america. how does this president turn it around? does he say i own this plan, it is mine, come with me, i will pull you through this? >> two things, martha. that is exactly what he needs to do. what he should have said and what he needs to say now is you can keep your plan if you like it, or you are going to get a better plan with better benefits that cost less.
never left him, that phrase because taxes were raised. is this that kind of moment for president obama? >> not at all. the last person anybody will listen to about obamacare is mitt romney coming architect of obamacare and with president obama. he has his own credibility problems. martha: he is hardly the only person saying this. >> the fact is his plan is the reason we have obamacare. he chose to run for president in 2008. so in 2012 mitt romney rejected romneycare and the voters...
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it is sort of like the first president bush saying no new taxes. he broke that pledge. at least he had the honesty to tell everybody he was breaking the pledge. the president pledged this and never admitted he was going to break it. there's millions of people going to lose it, at least 15 million, including people in the small business community. many small business people are going to lose their plans too. >> we're going to get to that. dr. emanuel, the "wall street journal" reported this weekend that you in fact were part of a debate inside the white house at the time about whether or not this claim you can keep your plan, you can keep your doctor was misleading. this week -- >> i -- >> let me ask the question. then you can answer. -- whether it was misleading. on megyn kelly's show this week you blamed the insurance companies. >> if an insurance companies decides it's changing how it's going to structure its plan that is not the law doing it. that is the insurance company deciding for business reasons. >> but, doctor, the obama law demands that the insurance companie
it is sort of like the first president bush saying no new taxes. he broke that pledge. at least he had the honesty to tell everybody he was breaking the pledge. the president pledged this and never admitted he was going to break it. there's millions of people going to lose it, at least 15 million, including people in the small business community. many small business people are going to lose their plans too. >> we're going to get to that. dr. emanuel, the "wall street journal"...
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stuart: but it's another tax increase. >> it's another tax increase to keep floating. stuart: but it's popular. that's my problem with it. >> i hear you. stuart: it's popular. >> and more money at a broken model, yeah. stuart: and enough of this. it's one of the biggest tech ipo's of the year, probably the biggest, you'll be able to buy shares in twitter this week. should you buy? after the break, someone says yes and by the way, they have raised the offering price. he'll join us to explain it all in a moment. ♪ ♪ fly, robin fly ♪ up, up to the sky when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. once wrot
stuart: but it's another tax increase. >> it's another tax increase to keep floating. stuart: but it's popular. that's my problem with it. >> i hear you. stuart: it's popular. >> and more money at a broken model, yeah. stuart: and enough of this. it's one of the biggest tech ipo's of the year, probably the biggest, you'll be able to buy shares in twitter this week. should you buy? after the break, someone says yes and by the way, they have raised the offering price. he'll join...
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and you have to ask yourself why, because they're being taxed to death, and we're demonizing success in this country. so if there's takeaway from this poll, it's that the american people do feel threatened on a daily basis, and we are at risk of one day losing that superpower, but we're not really close to that yet. >> sandra puts her finger on a good point. a decade ago in china talking to an entrepreneur, and he says when the chinese goth knocked on our door, it was to tell us what we're doing wrong, now it's to ask how can we help. when government knocks on a business' door, it's to tell them what they're doing wrong. cheryl: rich, i wonder if this is why the administration has been tap dancing around the china issue for the last five years. >> well, look, you know, it's not been a great economic run in this country, and it's easy to see why people might be feeling pessimistic, but china might want to kill for our demographic problem over theirs. what we spend on military, our aging, our system of law, we've got a lot of advantages that even if they do take us over when it comes t
and you have to ask yourself why, because they're being taxed to death, and we're demonizing success in this country. so if there's takeaway from this poll, it's that the american people do feel threatened on a daily basis, and we are at risk of one day losing that superpower, but we're not really close to that yet. >> sandra puts her finger on a good point. a decade ago in china talking to an entrepreneur, and he says when the chinese goth knocked on our door, it was to tell us what...
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we may have to tax more in the future to get it or tax somebody to get it. but we don't have it now. >> will more regulations mean more taxes which is what they're trying to do? >> these new regulations would affect building codes, for example, the cost of building, the cost of rebuilding after a storm, it would all go up. who pays and where do we get the money from? answer, in the long run it is going to have to be the taxpayer who foots the bill for this ultimately. so taxes have to go up or borrowing goes up, one of the two. remember, you satisfy a key constituency here. you satisfy the environmentalists. you are doing something about global warming or climate change, call it what you will. the unions love it because you're going to get backdoor infrastructure spending. >> we don't have the x.l. pipeline. let's look at how much these environmental disasters cost us. look in the 1980's, we had 144 disasters cost about $1 trillion. >> are we to assume all that spending between 1980 and 2012, $1 trillion, was the cost of the disasters, the natural disasters
we may have to tax more in the future to get it or tax somebody to get it. but we don't have it now. >> will more regulations mean more taxes which is what they're trying to do? >> these new regulations would affect building codes, for example, the cost of building, the cost of rebuilding after a storm, it would all go up. who pays and where do we get the money from? answer, in the long run it is going to have to be the taxpayer who foots the bill for this ultimately. so taxes have...